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And so it goes. Samsung Electronics' Chairman, aka The Notorious Lee Kun-hee, has just seen his son Lee Jae-yong promoted to the position of president of the chaebol kingdom. Lee previously served as executive VP in the flagship arm of the Samsung Group conglomerate. As if that wasn't enough nepoti...

December 3rd 2010 at 5:18am 0 Comments
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You know what's awesome about being the head of a South Korean chaebol? You're untouchable. After being convicted of tax evasion netting a $110 million fine and a deferred 3-year prison sentence, Lee Kun-hee, the former chairman of Samsung Group, has been pardoned by the South Korean government -- h...

December 29th 2009 at 5:53am 0 Comments